Two lending agreements on hydropower projects signed with SFD ISLAMABAD: The government of Pakistan and Saudi Fund for Development (SFD) signed two loan agreements amounting 107... Published 23 Mar, 2024 05:41am
Markets Inter-bank: rupee registered 3rd successive gain against US dollar Currency appreciates 0.08%, settles at 285.17 against greenback Updated 30 Nov, 2023 10:16pm
Print $3bn deposit: SFD extends term for one year KARACHI: The Kingdom of Saudi Arabia (KSA) has extended the term for a $3 billion deposit placed with Pakistan to... Updated 30 Nov, 2023 08:46am
Markets Saudi Fund for Development extends term of $3bn deposit for another year: SBP The $3 billion-deposit agreement was initially signed through the SFD with the SBP in the year 2021 Updated 29 Nov, 2023 09:40pm
Business & Finance Saudi oil facility: POL worth $300m imported on deferred payment ISLAMABAD: Pakistan imported petroleum products worth $300 million on a deferred payment basis under the Saudi oil... Published 17 Oct, 2023 05:51am
Pakistan Saudi Fund for Development inaugurates King Abdullah Campus of Azad Jammu and Kashmir University The Saudi Fund for Development (SFD) officially inaugurated the King Abdullah Campus of Azad Jammu and Kashmir... Published 05 Aug, 2023 03:43pm
Print FY23: POL products worth $1.182bn imported by Pakistan on deferred payment basis ISLAMABAD: Pakistan imported petroleum products worth $ 1.182 billion on a deferred payment basis under the Saudi... Updated 25 Jul, 2023 12:19pm
Business & Finance SFD provides $240m for Mohmand hydro-power dam ISLAMABAD: The Saudi Fund for Development (SFD) signed a $240 million loan agreement to support Pakistan’s Mohmand... Updated 09 Apr, 2023 12:07am
Print NA told: Oil being imported on deferred payment only from KSA ISLAMABAD: The National Assembly was informed on Friday that crude oil is being imported on a deferred payment basis... Updated 08 Apr, 2023 01:48pm
Pakistan Pakistan signs $240mn loan agreement with Saudi Fund for Development for KP dam Mohmand Multipurpose Dam Project will enhance water and food security, and improve the standard of living for people living in the Khyber Pakhtunkhwa province: SFD Updated 07 Apr, 2023 05:56pm
Print Deal signed with SFD to finance oil derivatives worth $1bn ISLAMABAD: The Saudi Fund for Development (SFD) and Pakistan, on Thursday, signed a new agreement to finance oil... Updated 13 Jan, 2023 08:47am
Print KSA says could boost investments to $10bn DUBAI: The Kingdom of Saudi Arabia (KSA) said it could increase its investments in the cash-strapped Pakistan... Updated 11 Jan, 2023 08:57am
Print Fiscal, monetary steps discussed ISLAMABAD: Finance Minster Senator Mohammad Ishaq Dar and State Bank of Pakistan (SBP) Governor Jameel Ahmad... Updated 08 Dec, 2022 09:15am
Print Govt debt stocks hit historic high of Rs50.152trn KARACHI: The federal government’s total debt (domestic and external) stocks crossed the Rs 50 trillion mark by the... Updated 06 Dec, 2022 09:31am
Business & Finance SBP repays $1bn bond before due date The State Bank of Pakistan (SBP) paid back $1 billion against Sukuk bonds on Friday, three days before its... Updated 03 Dec, 2022 01:21pm
Print KSA extends term for $3bn deposit in SBP KARACHI: Kingdom of Saudi Arabia (KSA) has extended term for a $3 billion deposit in the State Bank of Pakistan to... Published 03 Dec, 2022 06:30am
Business & Finance Saudi Arabia extends term of $3bn deposit: SBP SBP says extension is continuation of support provided by Saudi Arabia to Pakistan Updated 02 Dec, 2022 08:46pm
Print Pakistan, KSA to sign several pacts ISLAMABAD: Pakistan and Saudi governments are giving final touches to several pacts including Bilateral Investment... Updated 11 Nov, 2022 09:20am
Pakistan Saudi Crown Prince to visit Pakistan, announces PM Shehbaz Says Mohammed bin Salman bin Abdulaziz Al-Saud is keen to invest in oil refinery in Pakistan Updated 28 Oct, 2022 06:25pm
Markets Saudi deferred payment facility: Country imports $100m oil in September ISLAMABAD: Pakistan imported petroleum products worth $100 million on deferred payment basis under the Saudi oil... Updated 23 Oct, 2022 05:23pm
Print Saudi Fund for Development team due today Will finalise agreements with Pakistani authorities Updated 17 Oct, 2022 01:32pm
Print $1.6bn funding: PM tasks Dar to resolve SFD reservations ISLAMABAD: Prime Minister, Shehbaz Sharif has assigned Finance Minister Senator Ishaq Dar the responsibility to... Updated 09 Oct, 2022 09:53am
Print Jul-Aug CAD shrinks 19pc YoY KARACHI: The country’s current account deficit shrank by 19 percent during the first two months of this fiscal year... Updated 22 Sep, 2022 09:29am
Markets Rupee inches close to historic low, settles at 237.91 against US dollar Cumulative depreciation in the past 12 sessions goes to 8.1% Updated 19 Sep, 2022 09:36pm
Print SFD confirms one-year extension of $3bn deposit KARACHI: The Saudi Fund for Development (SFD) on Sunday confirmed the rollover of $3 billion deposits with Pakistan... Updated 19 Sep, 2022 09:25am
Markets Saudi Fund for Development confirms rollover of $3bn deposit maturing on Dec 5 for 1 year: SBP Deposit is placed with SBP and part of its forex reserves Updated 18 Sep, 2022 07:16pm
Opinion How to solve the debt crisis A previous article (Real clear economics, BR, 24 Mar 2022) pointed out that governments of Pakistan have borrowed ... Updated 22 Apr, 2022 06:20pm
Business & Finance During 2022: Pakistan to import 32.7mn barrels of crude under Saudi Fund Programme Pak-Arab Refinery Company Limited and National Refinery Limited are planning to import 16.89 and 15.81 million barrels, respectively Updated 05 Apr, 2022 07:37pm
Pakistan Pakistan to start utilising Saudi oil facility from March, Tarin tells Senate Finance minister expresses hope country will soon come out of FATF's grey-list Updated 11 Feb, 2022 02:19pm
Opinion Petrodollars to the rescue? You can bet that somebody in the Saudi Fund for Development (SFD) had a good laugh at the way the Pakistani stock... Published 02 Dec, 2021 03:57am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
